The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia
Over the past decade, Cambodia has more than halved its rate of poverty thanks to economic growth averaging 8 percent per annum, strong export performance, and positive changes to the investment climate. Cambodia is an attractive investment destina...
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| Format: | Economic & Sector Work |
| Language: | English en_US |
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World Bank, Phnom Penh
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2014/01/23946799/null http://hdl.handle.net/10986/21529 |
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okr-10986-21529 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ADMINISTRATIVE BURDEN ADMINISTRATIVE PROCESS ADMINISTRATIVE PROCESSES ADVANCED DEGREES AUTOMATION BANK LOAN BANK OFFICE BANKING SERVICES BARRIER BARRIERS TO ENTRY BRIBES BUSINESS ENVIRONMENT BUSINESS OPERATION BUSINESS PRACTICES BUSINESS PROCESSES BUSINESS REGISTRATION BUSINESSES CAPABILITY CAPITAL INTENSITY CERTIFICATE CERTIFICATES CHAMBER OF COMMERCE COAL COLLATERAL COMMERCE COMPETITION LAW COMPETITION LAWS COMPETITIVENESS CONNECTIVITY CONTRACT ENFORCEMENT COPYRIGHT CORRUPTION COST OF FINANCE CREDIT BUREAU CREDIT GUARANTEE CREDIT GUARANTEE FACILITIES CREDIT INTERMEDIATION CREDIT RATING CREDITORS CUSTOM CUSTOMS CUSTOMS CLEARANCE CUSTOMS DECLARATION DEVELOPMENT BANK DISPUTE RESOLUTION DIVERSIFICATION E-COMMERCE E-COMMERCE LAW E-PAYMENTS ECOMMERCE ECONOMIC GROWTH ECONOMIC INTEGRATION ELECTRICITY ELECTRICITY INFRASTRUCTURE EMPLOYMENT ENFORCEMENT OF CONTRACTS ENTERPRISE SURVEY ENTERPRISE SURVEYS ENVIRONMENTAL ENVIRONMENTS EXPANSION EXPORT BASE EXPORT MARKETS EXTERNAL SHOCKS FACE-TO-FACE CONTACT FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SERVICES FINANCING ACCESS FIRM SIZE FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN ENTERPRISES FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS GOVERNANCE INDICATORS GOVERNMENT CONTRACT GOVERNMENT REGULATIONS GOVERNMENT SERVICES GROSS DOMESTIC PRODUCT HARMONIZATION ICT IMAGE INCOME INDUSTRIAL DEVELOPMENT INFORMAL ECONOMY INNOVATION INSPECTION INSPECTIONS INTERNATIONAL BEST PRACTICE INTERNATIONAL BUSINESS INTERNATIONAL STANDARDS INVESTMENT CLIMATE ISSUE OF ACCESS JOB OPPORTUNITIES JUDICIAL ENFORCEMENT JUDICIAL SYSTEM LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LACK OF ACCESS LAWYERS LEGAL SYSTEM LENDERS LICENSE LICENSES LICENSING LINE OF CREDIT LOAN APPLICATIONS LOCAL BUSINESS LOW-INCOME COUNTRIES MANAGEMENT SYSTEM MANUFACTURERS MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL REVENUE MARKET ACCESS MATERIAL NEW COMPANY NEW MARKETS NEW PRODUCT NEW TECHNOLOGY OPERATING COSTS OUTPUT OUTPUTS POLICY MAKERS POTENTIAL INVESTMENT PREFERENTIAL ACCESS PRIVATE SECTOR PRODUCERS PRODUCTIVITY GROWTH PROFITABILITY PROPERTY RIGHTS RAMP;D REFORM PROGRAM REGIONAL INTEGRATION REGULATORY ENVIRONMENT REGULATORY POLICY REGULATORY REFORM REGULATORY REQUIREMENTS RELIABILITY RENEWABLE ENERGY RESULT RISK MANAGEMENT SALES REVENUE SECURITIES SECURITIES MARKET SHOPS SKILLS SHORTAGES SMALL FIRMS SME SOCIAL WELFARE START-UP TAX TAX INCENTIVES TAX RATE TAX RATES TAXATION TECHNICAL SKILLS TELECOMMUNICATIONS TRADE FACILITATION TRANSMISSION TRANSMISSIONS TRANSPARENCY VALUE CHAIN VALUE CHAINS WAGES WORLD DEVELOPMENT INDICATORS |
| spellingShingle |
ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ADMINISTRATIVE BURDEN ADMINISTRATIVE PROCESS ADMINISTRATIVE PROCESSES ADVANCED DEGREES AUTOMATION BANK LOAN BANK OFFICE BANKING SERVICES BARRIER BARRIERS TO ENTRY BRIBES BUSINESS ENVIRONMENT BUSINESS OPERATION BUSINESS PRACTICES BUSINESS PROCESSES BUSINESS REGISTRATION BUSINESSES CAPABILITY CAPITAL INTENSITY CERTIFICATE CERTIFICATES CHAMBER OF COMMERCE COAL COLLATERAL COMMERCE COMPETITION LAW COMPETITION LAWS COMPETITIVENESS CONNECTIVITY CONTRACT ENFORCEMENT COPYRIGHT CORRUPTION COST OF FINANCE CREDIT BUREAU CREDIT GUARANTEE CREDIT GUARANTEE FACILITIES CREDIT INTERMEDIATION CREDIT RATING CREDITORS CUSTOM CUSTOMS CUSTOMS CLEARANCE CUSTOMS DECLARATION DEVELOPMENT BANK DISPUTE RESOLUTION DIVERSIFICATION E-COMMERCE E-COMMERCE LAW E-PAYMENTS ECOMMERCE ECONOMIC GROWTH ECONOMIC INTEGRATION ELECTRICITY ELECTRICITY INFRASTRUCTURE EMPLOYMENT ENFORCEMENT OF CONTRACTS ENTERPRISE SURVEY ENTERPRISE SURVEYS ENVIRONMENTAL ENVIRONMENTS EXPANSION EXPORT BASE EXPORT MARKETS EXTERNAL SHOCKS FACE-TO-FACE CONTACT FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SERVICES FINANCING ACCESS FIRM SIZE FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN ENTERPRISES FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS GOVERNANCE INDICATORS GOVERNMENT CONTRACT GOVERNMENT REGULATIONS GOVERNMENT SERVICES GROSS DOMESTIC PRODUCT HARMONIZATION ICT IMAGE INCOME INDUSTRIAL DEVELOPMENT INFORMAL ECONOMY INNOVATION INSPECTION INSPECTIONS INTERNATIONAL BEST PRACTICE INTERNATIONAL BUSINESS INTERNATIONAL STANDARDS INVESTMENT CLIMATE ISSUE OF ACCESS JOB OPPORTUNITIES JUDICIAL ENFORCEMENT JUDICIAL SYSTEM LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LACK OF ACCESS LAWYERS LEGAL SYSTEM LENDERS LICENSE LICENSES LICENSING LINE OF CREDIT LOAN APPLICATIONS LOCAL BUSINESS LOW-INCOME COUNTRIES MANAGEMENT SYSTEM MANUFACTURERS MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL REVENUE MARKET ACCESS MATERIAL NEW COMPANY NEW MARKETS NEW PRODUCT NEW TECHNOLOGY OPERATING COSTS OUTPUT OUTPUTS POLICY MAKERS POTENTIAL INVESTMENT PREFERENTIAL ACCESS PRIVATE SECTOR PRODUCERS PRODUCTIVITY GROWTH PROFITABILITY PROPERTY RIGHTS RAMP;D REFORM PROGRAM REGIONAL INTEGRATION REGULATORY ENVIRONMENT REGULATORY POLICY REGULATORY REFORM REGULATORY REQUIREMENTS RELIABILITY RENEWABLE ENERGY RESULT RISK MANAGEMENT SALES REVENUE SECURITIES SECURITIES MARKET SHOPS SKILLS SHORTAGES SMALL FIRMS SME SOCIAL WELFARE START-UP TAX TAX INCENTIVES TAX RATE TAX RATES TAXATION TECHNICAL SKILLS TELECOMMUNICATIONS TRADE FACILITATION TRANSMISSION TRANSMISSIONS TRANSPARENCY VALUE CHAIN VALUE CHAINS WAGES WORLD DEVELOPMENT INDICATORS World Bank Asian Development Bank The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia |
| geographic_facet |
East Asia and Pacific Cambodia |
| description |
Over the past decade, Cambodia has more
than halved its rate of poverty thanks to economic growth
averaging 8 percent per annum, strong export performance,
and positive changes to the investment climate. Cambodia is
an attractive investment destination as it is strategically
located at the center of Association of South East Asian
Nations (ASEAN), creating significant opportunities for
integration into regional and global value chains. With a
changing global environment, Cambodia is likely to face
increasing challenges maintaining and expanding market
access in a dynamic and highly competitive region. The Royal
Government of Cambodia (RGC) recognizes the importance of
enhancing the investment environment and has initiated a
series of reforms. Progress has been greatest on trade
facilitation, as reflected by the impressive improvement in
Cambodias ranking on the World Banks logistics performance
index (LPI). Despite the governments effort at introducing
reforms to improve the investment climate, the business
environment continues to hamper the competitiveness of firms
in Cambodia. The RGCs rectangular strategy identifies the
importance of automated trade and business processes, and
the need for regulatory reform. The RGC is currently
developing its industrial development policy 2014-2024 that
deals with many of the issues raised in this report. The RGC
will focus on broadening the manufacturing base, attracting
new investment, and creating growth poles around the current
manufacturing anchors. |
| format |
Economic & Sector Work |
| author |
World Bank Asian Development Bank |
| author_facet |
World Bank Asian Development Bank |
| author_sort |
World Bank |
| title |
The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia |
| title_short |
The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia |
| title_full |
The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia |
| title_fullStr |
The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia |
| title_full_unstemmed |
The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia |
| title_sort |
investment climate assessment 2014 : creating opportunities for firms in cambodia |
| publisher |
World Bank, Phnom Penh |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2014/01/23946799/null http://hdl.handle.net/10986/21529 |
| _version_ |
1764448496545431552 |
| spelling |
okr-10986-215292021-04-23T14:04:02Z The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia World Bank Asian Development Bank ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ADMINISTRATIVE BURDEN ADMINISTRATIVE PROCESS ADMINISTRATIVE PROCESSES ADVANCED DEGREES AUTOMATION BANK LOAN BANK OFFICE BANKING SERVICES BARRIER BARRIERS TO ENTRY BRIBES BUSINESS ENVIRONMENT BUSINESS OPERATION BUSINESS PRACTICES BUSINESS PROCESSES BUSINESS REGISTRATION BUSINESSES CAPABILITY CAPITAL INTENSITY CERTIFICATE CERTIFICATES CHAMBER OF COMMERCE COAL COLLATERAL COMMERCE COMPETITION LAW COMPETITION LAWS COMPETITIVENESS CONNECTIVITY CONTRACT ENFORCEMENT COPYRIGHT CORRUPTION COST OF FINANCE CREDIT BUREAU CREDIT GUARANTEE CREDIT GUARANTEE FACILITIES CREDIT INTERMEDIATION CREDIT RATING CREDITORS CUSTOM CUSTOMS CUSTOMS CLEARANCE CUSTOMS DECLARATION DEVELOPMENT BANK DISPUTE RESOLUTION DIVERSIFICATION E-COMMERCE E-COMMERCE LAW E-PAYMENTS ECOMMERCE ECONOMIC GROWTH ECONOMIC INTEGRATION ELECTRICITY ELECTRICITY INFRASTRUCTURE EMPLOYMENT ENFORCEMENT OF CONTRACTS ENTERPRISE SURVEY ENTERPRISE SURVEYS ENVIRONMENTAL ENVIRONMENTS EXPANSION EXPORT BASE EXPORT MARKETS EXTERNAL SHOCKS FACE-TO-FACE CONTACT FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SERVICES FINANCING ACCESS FIRM SIZE FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN ENTERPRISES FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS GOVERNANCE INDICATORS GOVERNMENT CONTRACT GOVERNMENT REGULATIONS GOVERNMENT SERVICES GROSS DOMESTIC PRODUCT HARMONIZATION ICT IMAGE INCOME INDUSTRIAL DEVELOPMENT INFORMAL ECONOMY INNOVATION INSPECTION INSPECTIONS INTERNATIONAL BEST PRACTICE INTERNATIONAL BUSINESS INTERNATIONAL STANDARDS INVESTMENT CLIMATE ISSUE OF ACCESS JOB OPPORTUNITIES JUDICIAL ENFORCEMENT JUDICIAL SYSTEM LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LACK OF ACCESS LAWYERS LEGAL SYSTEM LENDERS LICENSE LICENSES LICENSING LINE OF CREDIT LOAN APPLICATIONS LOCAL BUSINESS LOW-INCOME COUNTRIES MANAGEMENT SYSTEM MANUFACTURERS MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL REVENUE MARKET ACCESS MATERIAL NEW COMPANY NEW MARKETS NEW PRODUCT NEW TECHNOLOGY OPERATING COSTS OUTPUT OUTPUTS POLICY MAKERS POTENTIAL INVESTMENT PREFERENTIAL ACCESS PRIVATE SECTOR PRODUCERS PRODUCTIVITY GROWTH PROFITABILITY PROPERTY RIGHTS RAMP;D REFORM PROGRAM REGIONAL INTEGRATION REGULATORY ENVIRONMENT REGULATORY POLICY REGULATORY REFORM REGULATORY REQUIREMENTS RELIABILITY RENEWABLE ENERGY RESULT RISK MANAGEMENT SALES REVENUE SECURITIES SECURITIES MARKET SHOPS SKILLS SHORTAGES SMALL FIRMS SME SOCIAL WELFARE START-UP TAX TAX INCENTIVES TAX RATE TAX RATES TAXATION TECHNICAL SKILLS TELECOMMUNICATIONS TRADE FACILITATION TRANSMISSION TRANSMISSIONS TRANSPARENCY VALUE CHAIN VALUE CHAINS WAGES WORLD DEVELOPMENT INDICATORS Over the past decade, Cambodia has more than halved its rate of poverty thanks to economic growth averaging 8 percent per annum, strong export performance, and positive changes to the investment climate. Cambodia is an attractive investment destination as it is strategically located at the center of Association of South East Asian Nations (ASEAN), creating significant opportunities for integration into regional and global value chains. With a changing global environment, Cambodia is likely to face increasing challenges maintaining and expanding market access in a dynamic and highly competitive region. The Royal Government of Cambodia (RGC) recognizes the importance of enhancing the investment environment and has initiated a series of reforms. Progress has been greatest on trade facilitation, as reflected by the impressive improvement in Cambodias ranking on the World Banks logistics performance index (LPI). Despite the governments effort at introducing reforms to improve the investment climate, the business environment continues to hamper the competitiveness of firms in Cambodia. The RGCs rectangular strategy identifies the importance of automated trade and business processes, and the need for regulatory reform. The RGC is currently developing its industrial development policy 2014-2024 that deals with many of the issues raised in this report. The RGC will focus on broadening the manufacturing base, attracting new investment, and creating growth poles around the current manufacturing anchors. 2015-02-26T18:42:18Z 2015-02-26T18:42:18Z 2015-01 http://documents.worldbank.org/curated/en/2014/01/23946799/null http://hdl.handle.net/10986/21529 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Phnom Penh Economic & Sector Work Economic & Sector Work :: Investment Climate Assessment (ICA) East Asia and Pacific Cambodia |